QPN 27.3% 0.8¢ quest petroleum nl

...by any other name, page-5

  1. 47 Posts.
    The way Im reading the share consolidation is, they will reduce share numbers buy offering a 10 to one ratio. This means the new share price will increase buy 10 times. You will have 10 times less shares at ten times the price so your holding stays the same.
    As I said in my post previously then there is nothing to stop the price sliding back from 1 cent to .1 of a cent so we will be 10 times worse off. Its so they Can issue more share to raise more money to do nothing.
    No to the share Consolidation
    Punters please correct me if im wrong
    Cheers
    Graeme
 
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